Earlier today, the leader of Dubai signed the “virtual assets law”, creating an independent authority for oversight of the cryptocurrency sector. The law is said to establish the United Arab Emirates ...
Tag: Authority
Financial Conduct Authority Investigating 50 Crypto Operators
The UK financial watchdog is pursuing 50 investigations into cryptocurrency business operators, which also included criminal probes. The Financial Conduct Authority said it launched the inquiries in o...
The British Advertising Authority banned ads of Floki Inu promotions
Recent advertisement campaign by dog-inspired meme coin Floki Inu was found violating some ASA regulations and was eventually prohibited Floki Inu is yet another popular meme coin in the cryptocurrenc...
UK Advertising Authority Bans Floki Inu (FLOKI) Adverts
The Advertising Standards Authority in the UK has banned Floki Inu advertisements, claiming that the ad “irresponsibly exploited consumer’s fears of missing out, and trivialized cryptocurrency.” Floki...
Chinese Customs Authority Confiscates 49 Old ASIC Antminers – Regulation Bitcoin News
Chinese authorities continue to crackdown against bitcoin miners after they seized 49 second-hand Bitmain ASIC Antminers from unnamed individuals that recently attempted to smuggle in the devices usin...
Bitcoin scam in Spain: the alarm of the CNMV authority
Unfortunately, today we have to report on yet another scam, this time in Spain, that tries to leverage the potential and popularity of Bitcoin. The CNMV’s warning about the Bitcoin scam going on in Sp...
U.K. Tax Authority Seizes First NFTs in $1.9M Fraud Case
Key Takeaways The United Kingdom’s tax authority has reportedly seized three NFTs and arrested three suspects on suspicions of tax fraud. The NFTs were allegedly used to hide illicit gains. The ...
UK tax authority seizes three NFTs in a £1.4M fraud case
The HM Revenue and Customs (HMRC), the tax authority in the United Kingdom (UK), has seized three non-fungible tokens (NFTs) involved in VAT fraud. The NFTs were linked to 250 “fake” companies. HMRC i...
UK tax authority makes first NFT seizure in VAT fraud case
HM Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, have seized three nonfungible tokens (NFTs) associated with a suspected tax evasion fraud. The tax watchdog claimed it was...
Argentinian Tax Authority to Seize Digital Wallets to Collect Tax Debts
Argentinian Tax Authority, AFIP, has stated that they will be able to seize any assets owed by taxpayers in digital wallets if the tax debts are not settled. Last year, the organization recommended th...
Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts – Taxes Bitcoin News
The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this...
CFTC Chairman Asks Congress for More Regulation and Authority for the Agency
The US Commodity Futures Trading Commission (CFTC) Chairman, Rostin Behnam, requested that his agency have the responsibility of regulating the cryptocurrency spot market in testimony before the Senat...
CFTC calls for more authority over cryptocurrencies
The chairman of the CFTC testified before the US Senate Agriculture Committee to call for greater authority over cryptocurrencies. The CEO of the FTX exchange, Sam Bankman-Fried, was also present at t...
Evertas Gets Delegated Authority Approval to Serve as Lloyd’s Coverholder
Evertas, a crypto-asset insurance company based in Chicago, announced that it has received approval to become a Lloyd’s of London coverholder. Lloyd’s of London, commonly known as Lloyd’s,...
Columbian tax authority enacts measures to combat crypto tax evaders
TL/DR: Breakdown Columbian tax authority, the DIAN, has introduced new measures to control the use of cryptocurrencies in the country. The agency is yet to track down the movement of all the digital a...
Colombian Tax Authority Tightens Control Over Cryptocurrency Usage – Emerging Markets Bitcoin News
The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten controls on taxpayers currently using cryptocurrencies to transact. With these actions, the organization s...
HotForex Granted License by the Capital Market Authority (CMA) of Kenya
The Capital Market Authority, CMA, of Kenya has granted the license to HotForex. This is an addition to the list of regulators who have already approved the functioning of HotForex in their respective...
Irish Advertising Authority Receives Growing Complaints on Crypto Ads
Crypto advertisements are now coming under the spotlight in Ireland, following the release of an advertising regulatory framework recently compiled by the U.K. Treasury. The Advertising Standards Auth...
Pakistan Telecom Authority Asked to Block Over 1,600 Crypto Sites — Minister Says Government Intends to ‘Regularize’ Crypto – Bitcoin News
The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation b...
Monetary Authority of Singapore Guidelines Shutter Crypto ATMs
Automated teller machines (ATMs) that trade in cryptocurrency are being shut down across Singapore, in the wake of a ban on crypto ads for the general public. Earlier this week, the Monetary Authority...
Monetary Authority of Singapore (MAS) bans crypto ads in public areas
Despite having one of the most established crypto regulatory frameworks, Singapore is still big on investor protection. The country recently barred firms operating in the cryptocurrency sector from po...
Singapore Monetary Authority Restricting Crypto Ads From General Public
The Monetary Authority of Singapore (MAS) issued guidelines limiting the promotion of cryptocurrency trading service providers to the general public. “MAS strongly encourages the development of block...
Pakistan’s Crime Agency to Ask Telecom Authority to Block Crypto Websites: Report
Pakistan’s Federal Investigation Agency (FIA), which investigates serious and organized crime, said it will ask Pakistan Telecommunication Authority (PTA) to block websites dealing in cryptocurrencies...
Hong Kong Monetary Authority (HKMA) plans to regulate stablecoin reserves
The Hong Kong Monetary Authority is seeking public opinions on rules that would license and supervise stablecoins HKMA is inviting global stablecoin operators to respond The $150 billion stablecoin ma...
U.S. lawmaker limits Fed’s authority in CBDC issuance through a new bill
Much like most central banks globally, the U.S. Federal Reserve has also been under the process of developing a central bank digital currency (CBDC) for quite a while. The country’s pace or urgency wi...
Proof of Authority Blockchain Reltime Lists Token Ahead of Q2 Launch
Advertisement     Proof of Authority Blockchain Reltime is launching in Q2 2022. Ahead of this, it has listed its token, RTC on Bitmart and CoinTiger. The blockchain a...
Hong Kong Monetary Authority Calls for Comments on its Crypto Regulation Paper
Hong Kong is looking to expand its crypto regulation to cover trading platforms and stablecoins and non-asset-backed cryptocurrencies. Hong Kong’s central bank is looking for comments on cryptocurrenc...